This new week in the market will not be overwhelmed with statistics, yet take a look at the Chinese statistics and several American reports.
The beginning of October is going to be very eventful in terms of both news and statistics. For example, OPEC+ is scheduled to have another session and it always provides a lot of information. Investors won’t have time to get bored.
The active summer is nearly over, and a no less active autumn begins. Statistics will be informative, and many events are to come.
This new week of August will not only be rich in statistics but will also bring us a meeting of monetary politicians in Jackson Hole (most probably, online). They might make interesting comments on how gravely the global economy is damaged and how soon it can recover. This should be at least curious to hear.
The market is now quite nervous about oil and looking forward to further moves of the USD. This week, all eyes will be glued to these two assets.
There will be few numbers to analyse in the middle of both July and summer, and even fewer important events to reflect on. However, now is the exact moment when financial markets need to take a break to get rid of a lot of unnecessary emotions.
Another week of July will bring about not only the updated info about the commodity market by OPEC but also describe the opportunities for growth in the group of risky assets.
The final days of June and the beginning of July are promising to be dynamic: we have a ministerial meeting of OPEC+, a flow of statistics, and comments of monetary authorities. The market will simply have no time for reflection.
The second week of June is not going to be as fruitful in terms of statistics as the previous one; instead, it will refresh the investors’ understanding of credit and monetary policies of Central banks, as well as provide new estimations of the oil sector.
The beginning of summer is promising to be active: the amount of public statistics increases, another OPEC+ meeting is due alongside meetings of Central banks. Things are active, effective, and bright.
Colonial Pipeline put its work to a halt due to a hacker attack. Oil prices grew by 1.5%. Fuel shortage on the East Coast interrupted the work of airlines, and a state of emergency was declared in Florida.